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What is the present value of the following set of cash flows at an interest rate...

What is the present value of the following set of cash flows at an interest rate of 7%: $1,000 today, $2,000 at end of year 1, $4,000 at end of year 2, and $6,000 at end of year 3? How would you solve this using a TI-84 calculator?

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Answer #1

Using TI 84 calculator

Enter the following
npv(7, 1000, {2000, 4000, 6000})
Then press ENTER

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